Posts Tagged ‘Colliers International’

Bangkok's central business district seems set to spread along Rama IV Road as land for development becomes scarce on Sukhumvit, Silom and Sathorn roads. A growing number of property projects will be launched around Rama IV Road. Full story

The average price being paid for a condominium unit in the Central Lumpini area is now Bt112,765 per square metre, ranking higher than other popular locations in central Bangkok, according to real-estate firm CB Richard Ellis Thailand. Full story

Bangkok office rents and occupancy rates will contract by 10% in 2009 due to decreasing demand, new supply and major tenant relocations, says the property consultancy Colliers International Thailand. Full story

Foreign demand for Thai property will collapse in the aftermath of the Songkran protests, property experts say. They say the government needs to implement measures to spur foreign demand, such as increasing maximum lease terms, having 100% foreign ownership zones for condominiums, providing financial support for foreign buyers, and issuing longer visas. Full story

Scandinavian investors are expected to invest up to Bt16.2 billion in residential developments in ThailandScandinavian investors are expected to invest up to Bt16.2 billion in residential developments in Thailand this year and the next. This money will flow into tourist destinations such as Rayong, Hua Hin, Koh Samui and Phuket, according to research by Colliers International (Thailand). Full story

Market buoyed by profit potential, removal of 30% requirement.
Foreign investors are expected to invest up to Bt70 billion in the Thai property sector this year, following the lifting of the Bank of Thailand's 30-per-cent capital reserve requirement. Full story